Eicher Motors Shares Surge 5.2% After Robust March Quarter Results, Analysts Divided on Future Prospects
मुख्य बातें
- •Eicher Motors shares surged 5.2% to a day's high of Rs 7,352 on the BSE after posting a 12% profit jump and 16% revenue growth in Q4FY26.
- •Royal Enfield posted its highest-ever fourth-quarter sales, with motorcycle volumes rising 12% to 313,811 units compared to the year-ago period.
- •Commodity costs and export uncertainties remain a concern, with management noting that commodity inflation pressure is expected to be around 3-3.5% in Q1FY27.
- •Analysts are divided on the company's future prospects, with some recommending a 'Buy' and others a 'Reduce' rating.
- •The company's capacity expansion plans are on track, with the aim to increase production to 1.6 million units by Q2FY27, and will become operational from July 2026.
Eicher Motors, the manufacturer of Royal Enfield motorcycles, witnessed a significant surge in its shares on Monday, with a 5.2% increase to a day's high of Rs 7,352 on the BSE. This upward trend was largely driven by the company's robust March quarter results, which saw a 12% profit jump to Rs 1,520 crore and a 16% revenue growth to Rs 6,080 crore. The company's EBITDA for the fourth quarter rose 20% year-on-year to Rs 1,514 crore, further contributing to the positive sentiment.
